IREIT Global Extends and Increases Loan Facility
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IREIT Global has amended its facility agreement with UniCredit Bank and Landesbank Hessen-Thüringen, increasing the loan facility to €220.76 million and extending the maturity date to July 31, 2029. This strategic move enhances IREIT's financial flexibility and market positioning. The current analyst rating for IREIT Global (SG:UD1U) is a Hold with a price target of S$0.30. IREIT Global is a Singapore-based real estate investment trust focusing on property investments and management, with a market cap of S$390 million.
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